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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.

Netflix Explores a Version With Ads as Subscriber Base Shrinks

  
WSJ - 04.19.2022 Original article ›
Joe Flint, Denny Jacob
LyrArc Article Gist
Netflix is expected to lose 2 million subscribers in the current quarter. It has reached its ceiling at 212 million subscribers worldwide. Netflix has followed a subscriber paid commercial free model. Passwords are being shared with an additional 100 million homes including 30 million in US and Canada. During the period of heady growth not much attention was paid to password sharing.

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Original article 2 minutes, gist 1 minute

India’s government is scrambling to revive the economy

  
The Economist - 08.30.2019 Original article ›
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Poorly capitalized Indian banks and financial institutions with large percentage of bad loans contiues to hurt the Indian economy. Shortage of credit is leading to problems in retail and auto sectors. The government is using $21 billon from the central bank, the RBI, for stimulus and to recapitalize banks. Higher infrastructure spending is needed to make up for a drop in consumer demand.

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Original article 4 minutes, gist 1 minute

Why a Copper Shortage Threatens EVs and Green Transition

  
WSJ - 06.08.2023 Original article ›
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EV's require about 4 times the copper of gas vehicles, and solar energy components need twice the quantity needed for fossil fuels. By 2035 global copper demand will double from 25 million tons to 50 million tons. In 2023 there is a shortage of about 3 million tons. Chile is the largest producer of copper and second largest producer of lithium.

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Planning to Visit Barcelona or Dubrovnik? It’s Going to Cost You.

  
NYTimes.com - 08.07.2023 Original article ›
Paige Mc Clanahan
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As costs increase to handle tourists many EU countries are turning to tourist taxes as a part of the social license to continue tourism. Taxes on tourism accomodations range from $1 to $3. About 20 of 30 European countries have tourist taxes which are becoming increasingly seen as a way to finance ways to cope with tourism, so that local residents can live normal lives.

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Trump falls back to 'ironclad' Nato commitment with Russia tensions rising

9 Groups   
The Guardian - 04.12.2017 Original article ›
Spencer Ackerman
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U.S. president Trump will host NATO secretary general Jens Stoltenberg at the White House on April 12, 2017, as tensions between Russia and the U.S. increase following the U.S. missile strikes in Syria. White House officials say Trump is "100% committed to NATO." In May Trump will meet other heads of government at a NATO meeting in Brussels. 

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Stuart Broad reaches remarkable milestone of 500 wickets, sealing victory for team he revived

  
The Times - 07.28.2020 Original article ›
Mike Atherton
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Stuart Broad's remarkable achievement of 500 wickets as England beat West Indies in the Third Test at Old Trafford. He joins Glenn McGrath and James Anderson in an elite club of bowlers. He was made man of the match and of the 3 Test series after taking 10 wickets in the Third Test and hitting a quick 62 runs. 

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NHS attracts 170,000 volunteers to coronavirus army

  
The Times - 03.25.2020 Original article ›
Chris Smyth, Whitehall Editor | Rhys Blakely, Science Correspondent
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The National Health Service in Britain says a call for 250,000 volunteers to help NHS in contacting and helping 1.5 million senior elderly citizens had an extraordinary response. About 170,000 volunteers have come forward, about 3 a minute in an astonishing response, says the health secretary. The 1.5 million elderly people were asked to remain at home for 12 weeks as a safety precaution.

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Opinion | ‘I will veto everything they send me.’

  
WSJ - 01.31.2023 Original article ›
James Freeman
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WSJ points out that the wealthiest 400 billionaire families in America pay only 8.2% in taxes on federal individual income taxes between 2010 and 2018, not the 3% it says president Biden has said. The average income tax rate in 2020 was about 14% says the WSJ. For higher incomes it was about 25%. All this happened while infrastructure, education and health remained woefully underfunded, with Tech companies egregious behaviour in not paying their fair share of taxes and massive misallocation coupled with low productivity of capital invested compared to infrastructure. 

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As Russia Strikes Ukrainian Civilians, Putin Tells His People the War Is Just

  
NYTimes.com - 02.03.2023 Original article ›
Michael Schwirtz, Anton Troianovski
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On the 80th anniversary of the Battle of Stalingrad against Nazi German invasion Russian president Putin says of the war in the Donbas region of Ukraine- "The legacy of generations, of values and traditions, that is what makes Russia different, what makes us strong and confident in ourselves, in our righteousness and in our victory." Putin sought to put the war in patriotic terms. This report in NYT shows a rocket attack on Kramatorsk in Donbas, about 20 miles from Bakhmut where intense battles are taking place.

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Epic Housing Booms Meet Their Match in Australia, Canada, New Zealand

  
WSJ - 11.06.2022 Original article ›
James Glynn
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House prices that went up by 532% in Australia, 602% in Canada since 1990 now face the prospect of decline by 20 or 30% after sharp increase in interest rates by central banks in the US and other countries. US prices were up 289% since 1990 by comparison. The Fed's moves could also lead to a decline in US home prices as mortgages become costlier. As many mortgages are not fixed in Australia and Canada the costs can increase sharply with rising rates.

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California Long Ruled U.S. Shipping. Importers Are Drifting East.

  
WSJ - 12.10.2022 Original article ›
Paul Berger| Photographs David Walter Banks For The Wall Street Journal
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The port of Los Angles has a more than 25% decline in the number of containers that are moving through the port. The Port of New York and New Jersey has now overtaken Los Angeles as the main port of entry for shipping containers to the US. Ports that are gaining include Savannah in Georgia, Houston, and Charleston in South Carolina. Bottlenecks, supply chain disruptions and fears of a dockworkers strike in the west is leading to changes in how goods imports enter the US. 

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Original article 10 minutes, gist 1 minute

Russia's Central Banker Dismantles What She Built - The Journal. - WSJ Podcasts

  
WSJ - 04.14.2022 Original article ›
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Rebuilding the Russian economy with the help of investment from the US and Europe was a key job for Elvira Nabiullina at the Russian central bank and Vladimir Putin as head of the administration during the 10 years after the Yeltsin government from 1998 to 2008. Much of these gains may now be lost with the invasion of Ukraine, and the miscalculations of both western leaders Merkel in Germany and Bush-Obama and Mr. Putin as shown in a recent WSJ report on the miscalculations of the last 20 years.

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GOP Sparring Over U.S. Role in Ukraine War Colors Ohio Senate Race

  
WSJ - 04.16.2022 Original article ›
Joshua Jamerson | Photographs By Andrew Spear For The Wall Street Journal
LyrArc Article Gist
The vote in Ohio in midwestern US for the Republican seat vacated by Rob Portman brings together voters concerned about crime, the Southern border and taxes. One of the candidates Mr. Vance, says problems closer to home are more important than Ukraine. This WSJ report looks at thinking in Ohio. About 88% of Republican have a negative opinion on Mr. Putin and 95% of Democrats. When it comes to helping Ukraine defend itself 35% of Democrats  and 62% of Republicans believe the US is not doing enough to help Ukraine defend itself.

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China’s zero-Covid policy risks causing agricultural crisis and food shortages

  
The Financial Times - 04.18.2022 Original article ›
LyrArc Article Gist
This report in The Financial Times citing official data, says one third of farmers in three provinces, Jilin, Liaoning, Heilongjiang lack the needed agricultural inputs. Authorites sealed off villages to fight the pandemic. The three provinces produce 20% of China's foodgrains. This is the result of strict Covid policies followed in China to control covid surge. 

According to Jilin government one third of farmers lack sufficient fertilizer three weeks before planting begins. This could affect China's efforts for self sufficiency in foodgrains.

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Original article 1 minute, gist 1 minute

Opinion | Water Is a Terrible Thing for California to Waste

  
WSJ - 01.17.2023 Original article ›
The Editorial Board
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Very little of the heavy rain and storm runoff from floods is being captured in California which has experienced many dry seasons and shortages of water, says this opinion in the WSJ. California has experienced 2 seven year droughts in the 20's and the 40's. The problem very little investment in public works in a state that was extravagantly spending on tech, starving essential infrastructure of spending. Economic textbooks talked of crowding out of private spending and investment, now we have crowding out of public spending on infrastructure.

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Annemiek van Vleuten claims Tour de France Femmes despite six bike changes

  
The Guardian - 07.31.2022 Original article ›
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Dutch cyclist Annemiek van Vlouten wins the Tour de France Femmes in mountainous terrain on the eighth leg of the tour and overall. She says her overall training experience, Annemiek is 39 years, helped her pull ahead. Other cyclists say she was  on another planet as they felt the strain of the climb and lost pace. Only 72 hours before Annemiek was not well and felt it was hard packing her suitcase. She also changed her bike 7 times says this report. Marianne Vos led through the early 5 stages.

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China’s Economy Rebounds After Three Years of Zero-Covid Isolation

  
WSJ - 04.18.2023 Original article ›
Jason Douglas, Bingyan Wang
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China's retail sales were up 10% in March. The economy expanded 4.5% the first quarter of 2023 over the prior year and is dependent on consumers spending in the domestic economy. Over the prior quarter growth was 2.2%. Investment in buildings, fixed assets and machinery declined by 0.2% over the prior month, in real estate over the prior quarter it declined by 5.8%. The recovery is a rebound from three years of weak consumer spending during the pandemic as Chinese people went out- traveled and went out shopping. 

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Opinion | Ukraine Leads the World

  
WSJ - 02.27.2022 Original article ›
The Editorial Board
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This WSJ Editorial Board article appeared on Feb. 28, and says that the world owes a great debt to the heroic people of Ukraine. A too complacent Europe says WSJ, is now learning what it means to fight for freedom. It says Ukraine deserves more support with arms, the toughest sanctions, and global ostracism. It says Congress should approve the request this week for another $6.4 billion in humanitarian and military assistance. The stakes of the war are high, says WSJ, including for American interests.

 

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Original article 4 minutes, gist 1 minute

Brazil Comes Out of Pandemic and Hits the Next Hardship—Inflation

  
WSJ - 10.08.2021 Original article ›
Samantha Pearson, Jeffrey T. Lewis
LyrArc Article Gist
Prices of gas for cooking and electricity are up 30% in Brazil in 2021 adding to the pain after the pandemic. Countries in Europe and Canada to Indonesia face much higher prices in 2021. Energy prices have jumped and supply bottlenecks have increased inflation. As more people are vaccinated the return to normal activity is also putting pressure on prices. About 72% of Brazilians have at least one dose of vaccine, higher than in the US. There is less vaccine hesitancy in Latin America and Asia.

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Original article 3 minutes, gist 1 minute

Covid jab gives Pfizer a $26bn shot in the arm

  
The Times - 05.04.2021 Original article ›
Callum Jones, Us Business Correspondent
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Pfizer's Covid vaccine is expected to bring in $6 billion in profit in 2021. Pfizer increased its sales forecast by 70 percent. The coronavirus vaccine is expected to bring in $26 billion in revenues in 2021 with 1.6 billion vaccine doses manufactured for the year 2021. The total could be much higher with the company striving for supply contracts to manufacture 2.5 billion doses.

India has approved the Pfizer, Moderna and J&J vaccines, with this bringing American companies into the Indian vaccine market in 2021.

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Original article 1 minute, gist 1 minute

Lunar Eclipse Photos: See the Super Flower Blood Moon Up Close

  
WSJ - 05.27.2021 Original article ›
Robert Lee Hotz
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Awesome pictures of the lunar eclipse in the night sky on Wednesday, May 26, 2021. It combined a supermoon, lunar eclipse, and a blood moon. Blood moon refers to the reddish hue as light filters through the earth's atmosphere. In native American cultures this is referred to as the flower moon. Lunar eclipses happen when the Earth passes between sun and moon, blocking the sunlight that normally illumines the moon's grayish white cratered surface. The next one is on May 16, 2022.

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Original article 1 minutes, gist 1 minute

Opinion | The Art of an Oil Deal

  
WSJ - 04.13.2020 Original article ›
The Editorial Board
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The Editorial Board of the WSJ says in this editorial that president Trump showed his negotiating skills to arrange the oil deal with the Saudis and Russia for cuts in production of 9.7 million barrels a day, including cuts by non OPEC G20 countries. The drop in U.S. production, cuts by Canada and the effects of sanctions on Venezuela and Iran should take out about 20 million barrels a day. Demand has fallen by 30 million barrels a day from the pandemic. This should help 11 million workers in the U.S. oil industry.

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Original article 3 minutes, gist 1 minute

We need funding, not medals, exhausted doctors tell France’s Macron

  
France 24 - 05.15.2020 Original article ›
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"For months I was asking for equipment," Martin Hirsch, head of the Paris hospital network tells president Macron, "and we had only enough for 3 days to fight against the coronavirus." The French president told one hospital " we undoubtedly made a mistake, we should have done it 10 years ago," as some increase in funding came only in January of 2020. France had a tenth of the intensive care beds in Germany and a far higher fatality rate says this report in France 24.

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France’s Macron Charts Exit From Covid-19 Lockdown

  
WSJ - 11.24.2020 Original article ›
Noemie Bisserbe, Stacy Meichtry
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France's Macron introduces a three step plan for reopenings after lockdown, with dates of December 15 and January 20 for reopening the economy. Shops will be allowed to open under strict social distancing rules for Christmas sales. If cases per day drops below 5000 the government will lift the lockdown on Dec. 15 and replace it with a 9 pm curfew. " After saying that spirits can be low, debates get heated, Macron said "we need to do everything to prevent a third wave, a third lockdown."

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Original article 5 minutes, gist 1 minute

Annie Ernaux’s Nobel prize celebrates a uniquely resonant voice in French literature

  
France 24 - 10.07.2022 Original article ›
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FR 24 looks at the life and work of Annie Ernaux who had the courage to write about life's most difficult experiences facing women coming from a working class background. Her writings reflect that social mileau of forgotten working class people and changes the boundaries about what is discussed and the language used from a different place is always there. She is honored in 2022 with the Nobel Prize for Literature in a year that saw the working class in France assert itself in the 2022 election.

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